Global trade growth to be subdued in Q1 2023; outlook uncertain: UNCTAD
The UN body's nowcast suggests continuing trade stagnation for Q1 2023, but the outlook is more positive for the second half of 2023
The UN body's nowcast suggests continuing trade stagnation for Q1 2023, but the outlook is more positive for the second half of 2023
The WTO has cited global macroeconomic situations such as the Russia-Ukraine crisis, soaring energy prices, and monetary tightening in major economies to be among the reasons for the slowdown.